Three sources, speaking on condition of anonymity, said last week that the much touted Power of Siberia (POS) natural gas pipeline to be built by Russian gas giant Gazprom and earmarked to bring natural gas from two new fields in Russia to China could be delayed. The sources said that the pipeline could… Keep reading →
Some of the world’s largest LNG purchasers by volume are beginning to cooperate in an effort to increase bargaining power and secure lower prices. “Korea Gas and Tokyo Gas plan to deepen a partnership they started in 1990 on exchanging information and technology to possibly include joint investments in gas developments, along with purchases of… Keep reading →
The global LNG supply options are broadening with new LNG export projects – both under construction and proposed – mushrooming especially in Australia, the US, Canada, Papua New Guinea, Mozambique, Tanzania et cetera. Conceivably, a severe competition in the global LNG market is in the not so distant future. What impact this “golden age of… Keep reading →
